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Loop News Blood is essential to health care in Jamaica, especially with our high rates of violence and collision trauma,” said Sharon Donaldson, CEO of General Accident. The public is invited to donate lifesaving blood to the National Blood Transfusion Service (Blood Bank) on Tuesday, June 15, 2021, during the General Accident Insurance Company Jamaica (GenAc) blood drive. GenAc in partnership with the Musson Foundation, Shop Box and Nupak is facilitating life-preserving donations from its staff, clients and customers. “We have all heard the calls from the government, the hospitals and from our friends who have family in need. Blood is essential to health care in Jamaica, especially with our high rates of violence and collision trauma,” said Sharon Donaldson, CEO of GenAc. “It is important that we all play our part.” ....
CEO Melanie Subratie said the outcome was due to the pricing of rent in US dollars. Revenue for the company was $458.18 million, up from $419.85 million at year-end 2019. Operating profit rose to $309.95 million, up from $298.23 million in 2019. Stanley Motta owns all the properties at 58 Half Way Tree Road, either directly or through its wholly-owned subsidiary, Unity Capital. Unit 5, known as the General Accident building, is owned by Unity Capital. The other four buildings are operated by Stanley Motta.
Net profit increased almost four times, from $281.29 million in 2019 to $848.25 million at year-end 2020, according to the audited results. Investment property value also rose to $5.5 billion up from $4.8 billion as at December 2019. ....